Warren Chevrolet, INC

$1,153,200 PPP Loan in East Moline, Illinois

Loan Details

Loan Number
4550957000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,153,200
Current Approval
$1,153,200
Forgiveness Amount
$1,160,720
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Warren Chevrolet, INC
Address
1703 Avenue of the Cities
ZIP Code
61244
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$22.4M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$943,200
Rent
$100,000
Utilities
$20,000
Debt Interest
$90,000

Lender Information

Servicing Lender
Ih Mississippi Valley Credit Union
Originating Lender
Ih Mississippi Valley Credit Union

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